federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Credit Growth Slows but Consumers Still Turn to Cards for Spending Power

Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. Get the Full Story Complete the form to unlock this...

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Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 
Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 
December 06, 2023  |  Bank Regulation

In an effort to prevent bank failures, U.S. bank supervisors have reportedly increased scrutiny of lenders’ risk management practices and are taking disciplinary action.  Get...

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On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
December 05, 2023  |  Innovation

A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public...

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Connectivity Defined the Past Decade — Interoperability Will Shape the Next
Connectivity Defined the Past Decade — Interoperability Will Shape the Next
December 04, 2023  |  Innovation

A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. Get the Full Story Complete the form to unlock this...

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Deflation Trend Could Pull Inflation Back to 2%
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023  |  Economy

Deflation has made its presence known, and could help bring inflation down to 2%. Get the Full Story Complete the form to unlock this article...

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Fed: Smaller Banks Report Pressure on Commercial Loan Demand
Fed: Smaller Banks Report Pressure on Commercial Loan Demand
November 30, 2023  |  Economy

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts....

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Inflation Data Shows Traveling and Food Prices Rising
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023  |  Economy

The latest data on personal spending matched expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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